Year-End 2008 Cut-Off Procedures for Accounts Payable/Invoice Audit

Invoice Payments:

Vendor invoices for goods received or services rendered during the 2007-2008 fiscal year will be processed for payment and charged against current purchase orders if received by Invoice Auditing, 103 Angell Building, by 8:00 AM Monday, July 7.  This may result in the acceleration of payment procedures. 

Professional Service Contracts:

New Professional Service Contract Requisitions which will include 2007-2008 fiscal year activity must be received by the Purchasing Department by 5:00 PM Wednesday, June 25th, 2008 in order to ensure processing in the 2007-2008 year.

Requests for 2007-2008 fiscal year payments on currently established Professional Service Contracts will be processed for payment if received in the Invoice Audit Department, 103 Angell Building by 8:00 AM Thursday, July 3,  2007.

Please note that vendor invoices received prior to the above noted cut-off dates that relate to the 2008-2009 fiscal year will be charged to the new year.

For more information regarding FY 07/08 cut-off procedures, please read the 2008 year end letter on the Controllers Office Web site.